Commentary: Lawsuits' legacy: less investment in Louisiana

9:01 AM,
Dec. 17, 2013

Written by

Alan Seabaugh

The oil and gas industry has been the significant driver in Louisiana's economy for over 100 years. However, that is now in jeopardy.

The filing of "legacy lawsuits" has threatened to bring the growth and expansion of the oil and gas industry in our state to a screeching halt. These lawsuits, which are often brought with absolutely no evidence of environmental damage, claim to seek environmental cleanup of old drilling sites. However, the trial lawyers that file these suits often go to great lengths to actually prevent cleanup.